From: Carl Kunhardt, CFP, CFS [ckunhardt@rjfs.com]
Sent: Tuesday, July 23, 2002 6:53 PM
To: rule-comments@sec.gov
Subject: File No. S7-25-99
I remain concerned that the proposed rule referenced above is still
subject to consideration and has not been withdrawn. I find it
difficult to believe that given current events, the SEC continues
to believe that the minimal disclosures and requirements of the rule
are appropriate to any person that publicly represents themselves as
providing investment advice.
The investing public is best served by ensuring that anyone that
represents themselves as an financial or investment advisor be subject
to the registration and disclosure requirements under the Investment
Advisors Act of 1940. I urge you in the strongest possible terms to
withdraw this ill conceived proposed rule from further consideration.
Sincerely,
Carl J. Kunhardt